Florida city approves electric rate hikes, setting up a nearly 16% jump by 2030

Florida city approves electric rate hikes, setting up a nearly 16% jump by 2030

Lakeland, Florida, residents will soon pay more for electricity after officials adopted a long-term pricing plan that raises base charges in stages through 2030. For many households, that means another essential monthly expense becoming harder to manage in a state where air conditioning is often a necessity, not a luxury. What happened? According to a report from The Ledger, at a July 20 meeting, Lakeland city commissioners voted unanimously to …